MKS Instruments Inc.
MKS Instruments Announces Executive Departure and Shareholder Voting Results
Summary
On May 7, 2024, MKS Instruments, Inc. announced that James A. Schreiner, Executive Vice President and Chief Operating Officer of the Materials Solutions Division, agreed to an amendment to his employment agreement, extending his expatriate service in Berlin, Germany for a third year. The amendment also replaced his expatriate service bonus with an expatriate service equity award in the form of time-based restricted stock units (RSUs) with a grant date value of $850,000. Additionally, the company reported the results of the 2024 Annual Meeting of Shareholders, where three Class I Directors were elected, compensation of Named Executive Officers was approved, and PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for the year ending December 31, 2024.
Profitelligence Alerts
Get alerts for MKSI
Be first to know when MKS Instruments Inc. files with the SEC.
Filing Categories
Exhibits (1)
Advertisement
About MKS Instruments Inc.
MKS Instruments Inc. designs and manufactures instruments, subsystems, and process control solutions for advanced manufacturing processes. The company's primary function is to provide essential technologies for manufacturers of semiconductors, industrial technologies, life and health sciences, and other advanced products. MKS Instruments focuses on critical areas like vacuum and gas technologies, photonics, and laser solutions, enabling precise measurement, control, and analysis crucial for product quality and efficiency. MKS Instruments plays a vital role in the semiconductor industry by offering products that ensure the precision and accuracy required for advanced fabrication processes. The company's innovative technologies are also significant in areas such as aerospace, defense, and research sectors, where precision and reliability are paramount. With a legacy dating back to 1961, MKS Instruments has cemented its position in the financial markets as a trusted provider of advanced technology solutions. Its contributions are pivotal in supporting the development of next-generation technologies, making it a key player in driving technological advancement and efficiency across multiple industries.
Official SEC Documents
Advertisement